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W/C January 29, 2024


Belgium and Greece are due to sell bills this week, while Germany and France have already come to the market this week. We expect issuance to be E15.3bln in first round operations, down from E23.2bln last week.

  • Today, Belgium will look to sell E2.6-3.0bln of Short/Medium TCs: An indicative E800mln of the 3-month May 9, 2024 TC and an indicative E2.0bln of the 9-month Nov 7, 2024 TC.
  • Finally tomorrow, Greece will look to sell E625mln of the new 13-week May 7, 2024 GTB.

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